Nippon India Short Term Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 12 Nov 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹5,910 Cr and the Latest NAV as of 20 Nov 2019 is ₹15.66.
The Nippon India Short Term Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.
It aims to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment